Charlotte County, Florida: commercial real estate data.
Charlotte County, Florida had an estimated 212,122 residents on July 1, 2024, up 13.5 percent since the 2020 census base of 186,824, across 680 square miles. County output reached $9.77 bn in 2024, 4,601 establishments operate here, and the SBA record carries 211 7(a) approvals worth $135.1 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Charlotte County
How many people live in Charlotte County
- Population, American Community Survey 2020-2024201,064
- Households90,542
- Average household size2.22
- Median household income$69,952
- Median age59.9
- Median gross rent$1,464 per month
- Median owner-occupied home value$328,900
- Home value to household income4.7 times
- Annual rent as a share of median income25.1 percent
- Adults 25 and over with a bachelor degree or higher27.1 percent
- Adults 25 and over with a graduate degree10.7 percent
- Adults 25 and over167,479
- Population under 1823,648
- Share under 1811.8 percent
- Population 65 and over81,528
- Share 65 and over40.5 percent
- Working age population, 18 to 6495,888
- Civilian labor force77,979
- Unemployment rate5.4 percent
- Labor force participation, adults 18 and over44.0 percent
- Rank by population among Florida counties28th of 67
- Rank by population among US county-equivalents, Puerto Rico included347th of 3,222
Charlotte County is the 28th largest of 67 Florida counties by population. A median home costs 4.7 times median household income, which is seriously unaffordable by national standards. Residents 65 and over outnumber those under 18, at 40.5 percent against 11.8 percent, which points demand at health care, services and single story product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Charlotte County
Is Charlotte County's population growing?
- Population, July 1, 2024212,122
- Census 2020 base population186,824
- Population change since the 2020 census base13.54 percent
- Population change, 2023 to 20245,037
- Births, 20241,040
- Deaths, 20243,221
- Natural change, 2024-2,181
- Net domestic migration, 20245,981
- Net international migration, 20241,263
- Total net migration, 20247,244
- Cumulative net domestic migration, 2021 to 202429,739
- Rank by growth among US county-equivalents80th of 3,144
The county has grown 13.54 percent since the 2020 census base. Deaths exceeded births in 2024 and the population still grew, so all of the growth came from people moving in. A market held up by migration is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Charlotte County
Where are people moving to Charlotte County from?
- Tax returns filed by households arriving10,664
- People arriving, from those returns18,754
- Tax returns filed by households leaving7,080
- Net household movement3,584
- Adjusted gross income arriving$1.26 bn
- Net adjusted gross income movement$747.1 m
- Average income of an arriving household$118,170
- Average income of a leaving household$72,468
- Largest single originSarasota County (1,482 households)
- Largest single destinationSarasota County (1,278 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Sarasota County | 1,482 | 2,647 | $91.3 m |
| Lee County | 952 | 1,710 | $87.3 m |
| Broward County | 184 | 325 | $16.8 m |
| Manatee County | 179 | 316 | $20.6 m |
| Miami-Dade County | 178 | 314 | $10.1 m |
| Hillsborough County | 166 | 268 | $13.4 m |
| DeSoto County | 146 | 295 | $9.1 m |
| Pinellas County | 118 | 163 | $10.9 m |
Households arriving report $45,702 more average income than households leaving, so the migration is raising local spending power rather than just moving it around. The largest single source of arrivals is Sarasota County, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Charlotte County
What is the Charlotte County economy?
- County GDP, 2024$9.77 bn
- County GDP, 2023$9.04 bn
- GDP change, 2023 to 20248.0 percent
- GDP change over five years50.1 percent
- Rank by GDP among the Florida areas BEA publishes29th of 67
- Rank by GDP among the US county areas BEA publishes451st of 3,127
- GDP per resident$48,591
Output grew 8.0 percent in the latest year and 50.1 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Charlotte County
Employment by industry in Charlotte County
- Covered employment, annual average56,024
- Establishments reporting5,918
- Average annual pay$54,082
- Average weekly wage$1,040
- Retail trade, employment10,063
- Retail trade, average annual pay$37,458
- Health care and social assistance, employment9,874
- Health care and social assistance, average annual pay$67,892
- Accommodation and food services, employment7,682
- Accommodation and food services, average annual pay$29,917
- Construction, employment5,465
- Construction, average annual pay$58,352
- Professional, scientific and technical services, employment3,033
- Administrative and support and waste management services, employment2,647
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Retail trade | 10,063 | 659 | $37,458 |
| Health care and social assistance | 9,874 | 630 | $67,892 |
| Accommodation and food services | 7,682 | 389 | $29,917 |
| Construction | 5,465 | 957 | $58,352 |
| Professional, scientific and technical services | 3,033 | 716 | $89,094 |
| Administrative and support and waste management services | 2,647 | 499 | $50,889 |
| Other services, except public administration | 1,966 | 450 | $42,659 |
| Transportation and warehousing | 1,558 | 115 | $59,759 |
Retail trade is the largest private sector at 10,063 jobs, 18.0 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Charlotte County
How many businesses are in Charlotte County?
- Establishments, all industries4,601
- Employment at those establishments44,163
- Annual payroll$2.10 bn
- Establishments per 1,000 residents22.9
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Charlotte County
Building permits in Charlotte County
- Housing units authorized by permit, 20244,585
- Declared construction value permitted$1.31 bn
- Single family units authorized3,583
- Multifamily units authorized1,002
- Multifamily share of units21.9 percent
- Average declared value per unit$284,885
- Units authorized per 1,000 households50.6
Single-family homes are 78.1 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Charlotte County
SBA loans in Charlotte County (7(a) and 504)
- 7(a) approvals recorded211
- 7(a) gross approval dollars$135.1 m
- Average 7(a) approval$640,260
- Median 7(a) approval$350,000
- 10th percentile approval$45,000
- 90th percentile approval$1,500,000
- Largest single approval$4,750,000
- Jobs reported supported, 7(a)2,349
- Jobs per approval11.1
- Distinct 7(a) lenders active70
- Distinct industries receiving approvals100
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer19.4 percent
- Loans on real estate terms41
- Loans on working capital terms, 120 months or shorter153
- Franchise loans32
- Franchise share of approvals15.2 percent
- Most active lenderThe Huntington National Bank (27)
- 504 approvals recorded62
- 504 gross approval dollars$51.7 m
- Average 504 approval$833,129
- Median 504 approval$431,500
- Distinct CDCs active4
- 504 jobs per approval6.6
- 504 jobs per million dollars approved7.9
- Most active CDCFlorida Business Development Corporation (29)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$186.7 m
The average approval of $640,260 sits well above the median of $350,000, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. Only 19.4 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Charlotte County
SBA loan default and charge-off rates in Charlotte County
Do SBA loans in Charlotte County get paid back?
- Loans with a final outcome recorded31
- Paid in full28
- Charged off3
- Charge-off rate on resolved loans9.7 percent
- Status: Paid in full28
- Status: Exempt from disclosure136
- Status: Cancelled27
- Status: Charged off3
- Status: Committed, not yet disbursed17
Of the 31 loans that have reached a final outcome, 9.7 percent were charged off. This is computed only over resolved loans, because a loan still running has not yet succeeded or failed and counting it either way would be wrong.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Charlotte County
SBA lending by place in Charlotte County
- Borrower cities with recorded lending9
- Port Charlotte, approvals98
- Punta Gorda, approvals79
- Englewood, approvals20
- Rotonda West, approvals7
- Charlotte Harbor, approvals2
- Babcock Ranch, approvals2
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Port Charlotte | 98 | $67,801,300 |
| Punta Gorda | 79 | $43,493,300 |
| Englewood | 20 | $13,678,900 |
| Rotonda West | 7 | $5,661,400 |
| Charlotte Harbor | 2 | $1,309,600 |
| Babcock Ranch | 2 | $1,092,000 |
| Cape Coral | 1 | $1,500,000 |
| Venice | 1 | $408,300 |
| 1 other borrower city | 1 | $150,000 |
Port Charlotte accounts for 98 approvals against 79 in Punta Gorda. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Charlotte County
How large is Charlotte County?
- Land area680 sq mi
- Rank by land area among Florida counties36th of 67
- Width, east to west50.2 mi
- Height, north to south21.9 mi
- Geographies sharing a boundary4
- Residents per square mile of land296
- Establishments per square mile6.77
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Charlotte County
Flood risk in Charlotte County
- Participation of the county's own NFIP community Charlotte County, unincorporated areasParticipating, community 120061
- Community Rating System class of the county's own communityClass 5
- Communities in the county in the NFIP Community Status Book2
- Of those, participating in the NFIP2
- NFIP participation rate100.0 percent
- Best Community Rating System class in the county A lower CRS class is a larger flood insurance premium discount.Class 5
- Communities carrying a CRS class2
- Radon levels in Charlotte County, EPA zone predicted average indoor radon screening level less than 2 pCi/LZone 3
The county's own community in the status book, unincorporated Charlotte County (community 120061), participates in the National Flood Insurance Program and carries Community Rating System class 5, a flood insurance premium discount for policies written there. The EPA places Charlotte County in radon zone 3, a predicted average indoor radon screening level less than 2 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. The best Community Rating System class among the county's communities is 5, which carries a flood insurance premium discount for policies written in that community. 100.0 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Feasibility studies
When a Charlotte County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Charlotte County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-2024201,064
- Households90,542
- Average household size2.22
- Median household income$69,952
- Median age59.9
Common questions
Charlotte County questions, answered from the record.
How many people live in Charlotte County, Florida?
The Census Bureau estimates 212,122 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 201,064, in 90,542 households, ranking 28th of 67 Florida counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Charlotte County's population growing?
The population has grown 13.54 percent since the 2020 census base of 186,824, to 212,122 on July 1, 2024. In 2024 there were 1,040 births against 3,221 deaths, with net migration of 7,244. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Charlotte County?
$69,952. The median owner-occupied home is valued at $328,900, which is 4.7 times income, and median gross rent is $1,464 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Charlotte County?
4,601 establishments, employing 44,163 people with an annual payroll of $2.10 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Charlotte County?
Retail trade is the largest private sector at 10,063 jobs, 18.0 percent of covered employment. Covered employment averages 56,024 jobs at an average annual pay of $54,082, or $1,040 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Charlotte County?
211 7(a) approvals totaling $135.1 m since FY2020, across 70 lenders, with a median approval of $350,000, plus 62 504 approvals worth $51.7 m since FY2010. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Charlotte County get paid back?
Of the 31 loans that have reached a final outcome, 28 were paid in full and 3 charged off, a charge-off rate of 9.7 percent. Loans still running are excluded, because they have not yet succeeded or failed.
How many building permits were issued in Charlotte County?
4,585 housing units were authorized by permit in 2024, with a declared construction value of $1.31 bn. Multifamily was 21.9 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Charlotte County?
Zone 3, a predicted average indoor radon screening level less than 2 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Charlotte County come from?
The largest single origin is Sarasota County, with 1,482 households. Arriving households report an average income of $118,170 against $72,468 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Charlotte County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Charlotte County?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Charlotte County
Cities and places in Charlotte.
11 Census places lie wholly or partly in Charlotte County. All 11 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Port Charlotte | CDP | 66,133 | 98 | Wholly in this county |
| Punta Gorda | city | 20,278 | 79 | Wholly in this county |
| Englewood | CDP | 20,091 | 20 | 21.6 percent here, 78.4 percent Sarasota County |
| Rotonda | CDP | 10,352 | None recorded | Wholly in this county |
| Harbour Heights | CDP | 4,289 | None recorded | Wholly in this county |
| Charlotte Harbor | CDP | 4,239 | 2 | Wholly in this county |
| Cleveland | CDP | 2,683 | None recorded | Wholly in this county |
| Grove City | CDP | 2,106 | None recorded | Wholly in this county |
| Charlotte Park | CDP | 1,966 | None recorded | Wholly in this county |
| Manasota Key | CDP | 1,711 | None recorded | Wholly in this county |
| Solana | CDP | 948 | None recorded | Wholly in this county |
A further 12 of the county's 211 SBA 7(a) approvals are to borrowers in cities that match no Census place in Charlotte County, the largest being Rotonda West (7), Babcock Ranch (2), Cape Coral (1). Those are postal cities, unincorporated areas and cities outside the county, so no place row claims them; they are counted in the county total above.
Nearby